CarGurus Inc

Common Name

CarGurus

Country

United States

Sector

Consumer Cyclical

Industry

Auto & Truck Dealerships

Employees

1,282

Ticker

CARG

Exchange

NASDAQ/NGS

Website

www.cargurus.com

Description

CarGurus, Inc. is an online automotive marketplace connecting buyers and sellers of new and used cars. The company's primary function is to simplify the car buying and selling process by providing a d... Show more

Financial Statements of CarGurus

Below are the financial statements of CarGurus, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	304.19^a	291.36^a
Short-term investments	0^a	20.72^a
Accounts receivable, net	44.25^a	39.96^a
Inventory	0.34^a	0.33^a
Prepaid expenses, prepaid income taxes and other current assets	27.87^a	25.15^a
Deferred contract costs	12.52^a	11.1^a
Restricted cash	2.04^a	2.56^a
Total current assets	391.21^a	391.19^a
Assets	—	—
Property and equipment, net	130.01^a	83.37^a
Intangible assets, net	11.77^a	23.06^a
Goodwill	46.17^a	157.9^a
Operating lease right-of-use assets	121.48^a	169.68^a
Deferred tax assets	106.67^a	73.36^a
Deferred contract costs, net of current portion	13.2^a	13^a
Other non-current assets	4.03^a	7.38^a
Total assets	824.54^a	918.93^a
Current liabilities	—	—
Accounts payable	26.41^a	47.85^a
Accrued expenses, accrued income taxes and other current liabilities	35.98^a	33.72^a
Deferred revenue	21.66^a	21.32^a
Operating lease liabilities	9.01^a	12.28^a
Total current liabilities	93.05^a	115.18^a
Liabilities, redeemable noncontrolling interest and stockholders’ equity	—	—
Operating lease liabilities	183.74^a	182.11^a
Deferred tax liabilities	0.03^a	0.06^a
Other non-current liabilities	6.03^a	4.73^a
Total liabilities	282.85^a	302.08^a
Stockholders’ equity	—	—
Preferred stock	0^a	0^a
Class A common stock	0.09^a	0.09^a
Class B common stock	0.02^a	0.02^a
Additional paid-in capital	169.01^a	263.5^a
Retained earnings	375.12^a	354.15^a
Accumulated other comprehensive loss	-2.55^a	-0.9^a
Total stockholders’ equity	541.69^a	616.85^a
Total liabilities, redeemable noncontrolling interest and stockholders’ equity	824.54^a	918.93^a

Verified Sources Behind CarGurus’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CarGurus’s data sources below and access millions more through our Disclosure Search.

a. CarGurus's 10-K 2024

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CarGurus Inc

Financial Statements of CarGurus

Verified Sources Behind CarGurus’s Financial Fundamentals Data

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